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1. Which of The over-the-counter (OTC) market is

1) a market where smaller, unlisted securities are traded

2) a market in which low risk-high return securities are traded

3) a highly liquid market as compared to NASDAQ

4) an organized market in which all financial derivatives are traded

2. Which of the following is true of mortgage-backed securities?

1) Mortgage-backed securities are guaranteed by the U.S. government.

2) Mortgage-backed securities can only be purchased by investment banks.

3) Mortgage-backed securities assure a flat 15% return.

4) Mortgage-backed securities represent claims on the cash flows generated by a pool of

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92647578

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